Tim (TIMB) Tax Rate (2020 - 2023)

Tim (TIMB) recorded quarterly Tax Rate of 10.12% in Q1 2023, down 10.96% quarter-over-quarter from 11.36% in Q1 2022, and down 125.0% on a YoY basis from 40.48% in Q1 2022.

Tim (TIMB) Tax Rate (2020 - 2023) Analysis & Trends

Tim's Tax Rate history runs 4 years deep, the most recent figure standing at 10.12% for Q1 2023.

  • In Q1 2023, Tax Rate fell 125.0% year-over-year to 10.12%; the TTM figure through Mar 2023 stood at 6.99% (changed N/A YoY), while the FY2025 annual figure was 5.44%, changed N/A from the prior year.
  • Tax Rate was 10.12% for Q1 2023 at Tim, down from 11.36% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 17.57% in Q1 2020 to a low of 10.12% in Q1 2023.
  • Historically, Tax Rate has averaged 13.07% across 4 years, with a median of 12.29% in 2021.
  • The sharpest annual moves came in 2021 and 2023: Tax Rate slumped 435 bps in 2021, then slumped 125 bps in 2023.
  • A 4-year view of Tax Rate shows it stood at 17.57% in 2020, then decreased by 25 bps to 13.22% in 2021, then dropped by 14 bps to 11.36% in 2022, then slipped by 11 bps to 10.12% in 2023.
  • The last three Tax Rate figures came in at 10.12% (Q1 2023), 11.36% (Q1 2022), and 13.22% (Q1 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 24.90%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 24.15%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 21.84%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn -21.62%
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn -
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 23.19%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -50.65%
9 Veon 82.81 Bn 80.59 Bn - -
10 Tim 1.39 1.39 677.20 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2023 10.12%
Mar 31, 2023 10.12%
Mar 31, 2022 11.36%
Mar 31, 2022 11.36%
Mar 31, 2021 13.22%
Mar 31, 2021 13.22%
Mar 31, 2020 17.57%
Mar 31, 2020 17.57%